I’m planning on purchasing a new car here in Oklahoma, but am a bit tight on the budget. Do I really need to get auto insurance or can I choose to just get insurance some other time?

Marge

Norman, OK

All car owners in Oklahoma are legally required to also purchase auto insurance when they buy new cars. Proof of auto insurance is, in fact, the very first thing they will look for when you register your newly purchased car with DMV.

The state’s mandatory auto insurance policy ensures that damages arising from vehicular accidents are adequately covered. Such damages may only be minimal in some instances but in most cases, the costs arising from vehicular accidents are quite heavy.

Your personal liability for damages arising from accidents attaches when it is determined that your negligence caused the accident. In the absence of adequate insurance coverage, you may find yourself emptying your bank account especially when the damage is extensive. If you do not have sufficient funds to cover the damage, you may find yourself in an even tighter situation wherein the other person may file damages against you in court, thereby leading to additional litigation costs on top of the actual damage incurred. If you’re worried about insurance costs, though, there are several affordable insurance options that you can look into that may fit your tight budget. Most insurance companies offer comparisons and quotes for auto insurance via the web and you can even buy budget car insurance online.